Bayer shareholder Deka Investment said on Friday it would not join other large investors in supporting the healthcare and agriculture group's management at its annual general meeting.
Suspect in California farm worker shootings appears in court
Redwood City, Calif. | Reuters -- A California farm worker accused of shooting seven people to death near San Francisco, some of them his co-workers, made his first court appearance on Wednesday after he was charged with murder in the state's second deadly gun rampage in recent days. Chunli Zhao, 66, the lone suspect in[...]
Biggest U.S. rail union rejects tentative deal, raising threat of strike
Washington/Los Angeles | Reuters -- Workers at the largest U.S. rail union voted against a tentative contract deal reached in September, raising the possibility of a year-end strike that could cause significant damage to the U.S. economy and strand vital shipments of food and fuel. Train and engine service members of the transportation division of[...]
U.S. requests CUSMA dispute panel on Canadian dairy quotas
Washington | Reuters -- The Biden administration on Tuesday escalated a simmering trade dispute with Canada over dairy import quotas, requesting that the first dispute settlement panel under the Canada-U.S.-Mexico Agreement be formed to review the matter. The U.S. Trade Representative's office said its complaint alleges that Canada was improperly allocating CUSMA tariff-rate import quotas[...]
Trump's payments to farmers hit all-time high ahead of election
Chicago | Reuters -- U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump's chances of success in swing states such as Wisconsin,[...]
How a major U.S. farm lender left a trail of defaults, lawsuits
Harrod, Ohio | Reuters -- After completing a credit review in a half-hour phone call, a BMO Harris Bank underwriter cleared US$12 million in loans for Ohio corn and soybean producer Greg Kruger in 2013. Kruger had initially asked for a $2 million loan to build a grain elevator. But the Chicago-based bank, one of[...]
Altria to marry Canadian pot with big tobacco
Reuters -- Marlboro cigarette maker Altria Group announced a $2.4 billion investment in Cronos Group on Friday, which could give it up to 55 per cent ownership of the Canadian cannabis producer. The deal represents by far the biggest investment by a major tobacco conglomerate in a cannabis company. It comes after Canada legalized the[...]
U.S. grains: Corn tops one-month high on strong U.S. export sales
Chicago | Reuters -- U.S. corn futures touched their highest prices in more than a month on Thursday on strong export demand and as traders adjusted positions ahead of a crop report expected to show supplies tightened over the past year. Soybean futures also rose, extending a rebound from recent losses into a third consecutive[...]
U.S. senators seek ban on pesticide chlorpyrifos
New York / Reuters – A group of Democratic senators hopes to ban a pesticide the U.S. government has greenlighted for use, according to a bill unveiled on Tuesday in a challenge to Republican President Donald Trump's push to loosen environmental regulations. The bill, introduced by Senator Tom Udall of New Mexico, would outlaw chlorpyrifos,[...]
Warm spell raises hopes as Canadian farmers race to finish harvest
Winnipeg/Reuters – Unusually warm temperatures in Western Canada are raising farmers' hopes of a strong finish to a growing season of highs and lows, easing investors' worries about the late harvest. Summer-like weather in Saskatchewan and Alberta, the two biggest wheat and canola-growing provinces in Canada — a top global exporter of both crops —[...]
A message from April Stewart, Country Guide's Associate Editor
